Time-Sensitive Decentralized Vehicle Database

time-sensitive decentralized vehicle database

Ideally, when a customer wants to buy a used car, he or she must ask for the car history before agreeing to the purchase. In a bid to close a deal, many of them have ended up buying poor quality or stolen vehicles. However, the automotive industry has tried to curb these growing concerns and created portals where customers can ask for such information.

Even so, customers still face a challenge when doing this because they have to deal with a lot of agents when applying for information with the help of other companies. To get the information about the car, other companies will need to contact all the previous owners and dealers. Because the information gets transferred from one part to another, it might be misrepresented altered or deleted in the process. This leads to the incorrect information and lots of possibilities to fabricate data. Moreover, it also takes a lot of time and if needed, the customer will not be able to check the efficiency of information.

However, with the help of our project, this problem will be solved. Customers will directly contact the provider and get all the information. As long as it all stored in one system, with the help of blockchain technology, it’s impossible to change it. You can see all the origins of data and it’s an easy, safe way to know everything about your vehicle.

To know more about our project you can check our social media:

Telegram: https://t.me/vinchainio

Facebook: https://www.facebook.com/vinchainio/

Twitter: https://twitter.com/VINChain_io

Liitu vestlusega sotsiaalmeedias:

Seotud Uudised

Our new app VINChain Vehicle Care is now available for everyone through Google Play!

March 11, 2022
Starting from today, we’ve made public our new app for proof of one’s vehicle history and increase of its co...

We are back and ready to bring good news!

January 28, 2022
Dear VINchain Community members! We are back and ready to bring good news! At the moment, we are at the final stag...

VINchain Update 

May 15, 2020
Dear VINchain Community, We would like to share our weekly update with you as usual. Our vehicle history reports are...

Telli Meie Uudisleht

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